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A Devil’s Bargain to Bank the Unbanked: Why Financial Inclusion Advocates Shouldn’t Trust Facebook’s Libra
As you've likely heard, Facebook has entered the inclusive finance arena, pitching Libra, a global cryptocurrency – ostensibly to promote financial inclusion. But as Digital Equity co-founder Valerie Khan argues, there are plenty of reasons to doubt Facebook's intentions and Libra's “social good” marketing campaign. In fact, she says, "Facebook is not being transparent about its real interest in Libra" – and both financial inclusion advocates and emerging countries should beware.
- Categories
- Finance, Technology
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Flipkart to Foray Into Food Retail With New Entity
Newly registered Flipkart FarmerMart, with an authorised equity capital of Rs 1,845 crore, will sell items produced locally.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- e-commerce
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Viewpoint: How Aadhaar Bill Will Benefit Startups and the Fintech Segment
With the all-new Aadhaar Bill, the startup ecosystem has breathed a massive sigh of relief.
- Categories
- Finance, Technology
- Region
- South Asia
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HP and Girl Rising Debut Education Program for 10 Million Students and Teachers in US, India and Nigeria
A software suite of modules, focused on youth empowerment and life skills will be pre-loaded onto HP Education Edition PC to benefit up to 10 million students and educators.
- Categories
- Education, Technology
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Pinterest Launches a New ‘Lite’ App for Emerging Markets
The Pinterest Lite mobile app is available to Android users in Peru, Argentina, Colombia, Chile and Mexico, and clocks in at a tiny 1.4 MB.
- Categories
- Technology
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Report: 93% of Execs Say Blockchain Helps Achieve Social Impact Goals
Ken Weber, Ripple’s head of social impact, said: “While still early in its development, blockchain is an undeniably promising new technology with far reaching consequences across a wide variety of sectors and use cases.”
- Categories
- Technology
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Blockchain Powered AgUnity Named Winner of BBVA Open Talent Sustainability 2019
Two pilot programmes from the start-up showed promising results in helping farmers tripe their income by supporting equipment lending and securing trading value.
- Categories
- Agriculture, Technology
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Rwanda Opens ‘First Entirely Homemade’ Smartphone Factory in Africa
The company is anticipating high demand for its products. Sebera says the factory has capacity to produce a "few million phones per year," which is expected to scale up as demand increases.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- manufacturing, scale
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